Results of Court Meeting and General Meeting

RNS Number : 5628N

Holidaybreak PLC

02 September 2011

 

2 September 2011

Holidaybreak plc ("the Company")

Results of Court Meeting and General Meeting

Holidaybreak plc is pleased to announce that all resolutions put to today's court meeting and general meeting were duly passed, with proxies representing more than 60% of all shares having been received. The resolution put to the court meeting was passed following a poll, the results of which are set out below:

Resolution	Votes for	Votes against
1. Approving Scheme of arrangement	42,211,645 99.96%	17,743 0.04%

The resolution put to the general meeting was passed on a show of hands. The results of the proxy votes received in advance of the general meeting were as shown below:

Resolution	Votes for	Votes against	Discretion	Withheld
1. Authorising directors to take actions necessary to carry Scheme into effect, approving reduction of capital and changes to Articles of Association	42,192,927 99.9%	17,617 0.04%	27,106 0.06%	657,417
Total issued share capital at 2 September 2011	70,612,093

Following the passing of these resolutions, it is expected that the Court hearing to sanction the Scheme will be held on 22 September 2011 and the Court hearing to approve the reduction in capital will be held on 26 September 2011.

Copies of the Resolutions passed at the court meeting and the general meeting are being submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

 

END

 

 

MSCLTMITMBJMBRB